Karachi: The Pakistan Stock Exchange Limited has announced the commencement of trading in the Unpaid Rights Class-C of Mughal Iron & Industries Limited. According to a notice issued by the exchange, designated as PSX/N - 266 and dated March 11, 2025, the trading is scheduled to start on Monday, March 24, 2025, with a settlement date set for Wednesday, March 26, 2025.

The Unpaid Rights of Mughal Iron & Industries Limited have been declared eligible security by the Central Depository Company of Pakistan Limited. All transactions related to these rights will be settled through the National Clearing Company of Pakistan Limited, which has assigned the security symbol "MUGHALR2" for this purpose.

According to information available from the Pakistan Stock Exchange (PSX), the launch of trading in these unpaid rights is a significant event for market participants engaging with Mughal Iron & Industries Limited. The designated market category for these transactions ensures that they are conducted in a structured and regulated environment.

This move by the Pakistan Stock Exchange is part of its ongoing efforts to facilitate the trading and settlement of securities in an efficient manner. The involvement of the Central Depository Company and the National Clearing Company underscores the collaborative approach taken to manage the trading process for these unpaid rights.